The US Debt “Crisis” Could Kill Your Profits (but not how you think)
January 17, 2019 at 05:00 AM EST
One of the silliest doom-and-gloom stories you’ll hear these days is how we’re all going to be destroyed by debt. It’s just plain wrong—and letting this fear win could mean a crippling blow to your nest egg this year and beyond. In fact, it’s already caused one group of investors to miss out on a massive 265% return, as I’ll explain below. Getting Half the Story The easiest way to understand how the debt terror works is to bring it down to a single example. I like to use Mark Zuckerberg. Back in 2012, Zuckerberg got a mortgage for about $6 million.… Read more